About Plug Power (NASDAQ:PLUG)
Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and related hydrogen storage and dispensing infrastructure. The company offers GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a hydrogen fueling delivery, generation, storage, and dispensing systems; GenCare, which is an ongoing maintenance program for GenDrive fuel cells, GenSure products, GenFuel products, and ProGen engines; and GenSure, a stationary fuel cell solution that provides scalable modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, a turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology that is used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFund, which offers financing solutions to customers. The company offers its products to distribution and manufacturing businesses, and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.
Industry, Sector and Symbol
Industry Electrical industrial apparatus
Sub-IndustryN/A
SectorIndustrial Products
SymbolNASDAQ:PLUG
CUSIPN/A
Phone518-782-7700
Debt
Debt-to-Equity Ratio0.68%
Current Ratio1.03%
Quick Ratio0.61%
Price-To-Earnings
Trailing P/E Ratio-3.17
Forward P/E Ratio-9.50
P/E GrowthN/A
Sales & Book Value
Annual Sales$103.26 million
Price / Sales4.21
Cash FlowN/A
Price / CashN/A
Book Value$0.32 per share
Price / Book5.94
Profitability
EPS (Most Recent Fiscal Year)($0.60)
Net Income$-127,080,000.00
Net Margins-96.94%
Return on Equity-93.76%
Return on Assets-30.37%
Miscellaneous
Employees644
Outstanding Shares228,600,000
Plug Power (NASDAQ:PLUG) Frequently Asked Questions
What is Plug Power's stock symbol?
Plug Power trades on the NASDAQ under the ticker symbol "PLUG."
How were Plug Power's earnings last quarter?
Plug Power (NASDAQ:PLUG) announced its quarterly earnings data on Wednesday, March, 7th. The electronics maker reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.07) by $0.02. The electronics maker earned $33.70 million during the quarter, compared to the consensus estimate of $31.03 million. Plug Power had a negative net margin of 96.94% and a negative return on equity of 93.76%. The business's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.08) EPS. View Plug Power's Earnings History.
When is Plug Power's next earnings date?
What price target have analysts set for PLUG?
8 brokers have issued 1-year price objectives for Plug Power's shares. Their forecasts range from $1.30 to $5.00. On average, they expect Plug Power's share price to reach $3.60 in the next twelve months. View Analyst Ratings for Plug Power.
What are Wall Street analysts saying about Plug Power stock?
Here are some recent quotes from research analysts about Plug Power stock:
- 1. According to Zacks Investment Research, "Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey. " (4/12/2018)
- 2. HC Wainwright analysts commented, "Investor Day Notes; Management Upbeat and Confident Going into 2018; Affirm Buy Continuing coverage under the name H.C. Wainwright & Co. with a Buy rating. Effective November 9, 2017, research in the above titled name will now be published under H.C. Wainwright & Co. and no longer distributed in conjunction with ‘Rodman & Renshaw, a unit of H.C. Wainwright’. Investor day and site visit. On December 6, 2017 we attended PLUG’s investor day; the company also provided a site visit of its Latham, NY, facilities to investors. In addition to the company’s CEO and CFO, some other top executives including sales, operations, and hydrogen system group heads made presentations during the event. Key takeaways. During 2017, the company has been successful in securing business from Walmart (WMT; not rated) and Amazon (AMZN; not rated); revenue from Amazon alone is expected to be $600M over four years." (12/7/2017)
Are investors shorting Plug Power?
Plug Power saw a increase in short interest in the month of March. As of March 29th, there was short interest totalling 34,533,909 shares, an increase of 0.4% from the March 15th total of 34,401,903 shares. Based on an average daily volume of 3,971,809 shares, the short-interest ratio is currently 8.7 days. Approximately 15.3% of the shares of the stock are short sold.
Who are some of Plug Power's key competitors?
Who are Plug Power's key executives?
Plug Power's management team includes the folowing people:
- Mr. George C. McNamee, Co-Founder & Chairman (Age 72)
- Mr. Andrew J. Marsh, Pres, CEO & Director (Age 62)
- Mr. Paul B. Middleton CPA, CFO & Sr. VP (Age 51)
- Mr. Keith C. Schmid, COO & Sr. VP (Age 55)
- Mr. Gerard L. Conway Jr., Sr. VP, VP of Gov.al Affairs, Gen. Counsel & Corp. Sec. (Age 53)
Has Plug Power been receiving favorable news coverage?
News articles about PLUG stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Plug Power earned a news impact score of 0.24 on Accern's scale. They also gave news headlines about the electronics maker an impact score of 45.04 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
How do I buy shares of Plug Power?
Shares of PLUG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Plug Power's stock price today?
One share of PLUG stock can currently be purchased for approximately $1.90.
How big of a company is Plug Power?
Plug Power has a market capitalization of $438.92 million and generates $103.26 million in revenue each year. The electronics maker earns $-127,080,000.00 in net income (profit) each year or ($0.60) on an earnings per share basis. Plug Power employs 644 workers across the globe.
How can I contact Plug Power?
Plug Power's mailing address is 968 ALBANY-SHAKER ROAD, LATHAM NY, 12110. The electronics maker can be reached via phone at 518-782-7700 or via email at [email protected]
MarketBeat Community Rating for Plug Power (PLUG)
MarketBeat's community ratings are surveys of what our community members think about Plug Power and other stocks. Vote "Outperform" if you believe PLUG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLUG will underperform the S&P 500 over the long term. You may vote once every thirty days.
Plug Power (NASDAQ:PLUG) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
8 Wall Street analysts have issued ratings and price targets for Plug Power in the last 12 months. Their average twelve-month price target is $3.60, suggesting that the stock has a possible upside of 89.47%. The high price target for PLUG is $5.00 and the low price target for PLUG is $1.30. There are currently 1 sell rating and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.75 | 2.75 | 2.67 | 2.57 |
| Ratings Breakdown: | 1 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $3.60 | $3.60 | $3.3111 | $3.0429 |
| Price Target Upside: | 89.47% upside | 96.72% upside | 41.50% upside | 9.85% upside |
Plug Power (NASDAQ:PLUG) Consensus Price Target History
Plug Power (NASDAQ:PLUG) Analyst Ratings History
Show:
(Data available from 4/24/2016 forward)
Plug Power (NASDAQ:PLUG) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Plug Power (NASDAQ PLUG) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 5.10%
Institutional Ownership Percentage: 26.40%
Plug Power (NASDAQ PLUG) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 9/22/2017 | Liquide Investissements D' Air | Director | Sell | 4,855 | $2.40 | $11,652.00 | 44,179 |  |
| 9/15/2017 | George C Mcnamee | Director | Buy | 200,000 | $2.20 | $440,000.00 | 486,131 | |
| 3/24/2016 | Maureen O Helmer | Director | Sell | 30,000 | $1.96 | $58,800.00 | 131,515 | |
| 12/16/2015 | Liquide Investissements D' Air | Director | Sell | 13,281 | $2.26 | $30,015.06 | 39,324 | |
| 8/26/2015 | Sa Axane | Director | Sell | 6,394,539 | $1.67 | $10,678,880.13 | | |
| 8/26/2014 | Liquide Investissements D' Air | Director | Sell | 5,521,676 | $5.80 | $32,025,720.80 | | |
| 8/20/2013 | Andrew Marsh | CEO | Buy | 32,218 | $0.38 | $12,242.84 | | |
| 6/12/2013 | Andrew Marsh | CEO | Buy | 172,870 | $0.21 | $36,302.70 | | |
(Data available from 1/1/2013 forward)
Plug Power (NASDAQ PLUG) News Headlines
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Plug Power (NASDAQ:PLUG) SEC Filings
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Plug Power (NASDAQ:PLUG) Income Statement, Balance Sheet and Cash Flow Statement
Plug Power (NASDAQ PLUG) Stock Chart for Tuesday, April, 24, 2018
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